Singapore (April 18, 2017) – Bell Helicopter, a Textron Inc. (NYSE: TXT) company, announced today the purchase agreement signing of the first Bell 407GXP to an Indonesian customer, Air Pacific Utama (PT APU) and the signing for the Customer Advantage Plan (CAP) – the first Asia-based customer to sign for the new service solution.

Bell Helicopter’s Customer Advantage Plans provide customers with comprehensive coverage solutions for their daily operations. The plans offer a fixed cost per flight hour service option that protects customers’ budgets and their aircraft and increases aircraft availability at rates competitive to published direct maintenance costs. PT APU has signed for the premier plan offering, protecting the residual value of its aircraft while being supported by Bell Helicopter’s global support network.

“Our friends at PT APU have been a valued customer for more than 20 years, and we are pleased the first Bell 407GXP in Indonesia will be delivered to this world-class operator,” said Sameer A. Rehman, Bell Helicopter’s managing director of Asia Pacific. “To further enhance the service experience for which Bell Helicopter is known, PT APU’s decision to sign for the CAP fleet-wide for the Bell 407 lends further evidence to the relevance of this program for fleet customers who count on our award-winning service. I expect the Bell 407GXP to continue to make inroads in Indonesia where the operating environment demands a reliable and trustworthy single-engine platform.”

Derived from the Bell 407GX platform, the Bell 407GXP has an additional 50 lbs (22.5 kg) of payload capability, coupled with the new M250 Rolls-Royce engine that improves performance and fuel efficiency, delivering class-leading hot and high performance. The aircraft is also equipped with new avionics features, such as a hover performance calculator improvement, as well as a transmission TBO extension of +500 hours that is expected to lower maintenance costs.

Bell Helicopter, a wholly owned subsidiary of Textron Inc., is an industry-leading producer of commercial and military, manned and unmanned vertical-lift aircraft and the pioneer of the revolutionary tiltrotor aircraft. Globally recognized for world-class customer service, innovation and superior quality, Bell's global workforce serves customers flying Bell aircraft in more than 120 countries.

About Textron Inc.

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Textron Off Road, Textron Systems, and TRU Simulation + Training. For more information visit: www.textron.com.

Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, changes in aircraft delivery schedules or cancellations or deferrals of letters of intent and/or orders; our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; changes in government regulations or policies on the export and import of our products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; volatility in interest rates or foreign exchange rates; risks related to our international business, including establishing and maintaining facilities in locations around the world and relying on joint venture partners, subcontractors, suppliers, representatives, consultants and other business partners in connection with international business, including in emerging market countries; difficult conditions in the financial markets which may adversely impact our customers’ ability to fund or finance purchases of our products; and continued demand softness or volatility in the markets in which we do business.